614 South StTownsendDE19734
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Townsend at 614 South St, Townsend, DE, 19734 with 5% annual appreciation on a $319,900 basis while $2,303/mo rent supports operations. Total monthly income totals $2,303/mo and a $1,566/mo payment preserves $452/mo for cash returns. Annual cash flow comes to $5,421/yr on $106,047 deployed, and return on cash invested reaches 25.02% in year one. Equity gained on principal adds $2,064/yr, and five-year appreciation sums $88,382 alongside rental yield of 8.64%. Five-year ROI measures 129.73% and total cumulative return in cash totals $137,576.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,303/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1880
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19734, Townsend, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,326 (100%) |
| Owner Occupied HU | 4,785 (89.8%) |
| Renter Occupied HU | 319 ( 6.0%) |
| Vacant Housing Units | 222 ( 4.2%) |
| Median Home Value | $456,332 |
| Average Home Value | $472,179 |
Housing Distribution
Address Breakdown
Residential
4,950
Single Family
4,950
Multi-Family
0
Businesses
164
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices